1040 S Kearney Street

Description

Rare opportunity to own two separate residences on a spacious 9,370 SF lot in a fantastic location overlooking the park with beautiful mountain views! This unique property offers exceptional flexibility for an owner-occupant, multigenerational living, or investor. The main residence is a 3-bedroom, 2-bath single-family home that is currently vacant and ready for its new owner. Previously rented for $2,600/month, it features beautiful hardwood floors, an updated kitchen, generous living space, a two-car garage, covered patio and private fenced backyard. Large windows provide abundant natural light and take advantage of the property’s open park setting. The separate 1-bedroom, 1-bath home is currently rented for $1,450/month, providing immediate rental income. Live in the vacant main house while collecting rent from the second residence to help offset your monthly mortgage payment, or rent both homes for potential combined gross rental income of approximately $4,050/month ($48,600 annually). Both residences have separate fenced backyards, providing privacy and usable outdoor space. The property also features a well and sits on an approximately 9,370 SF lot with beautiful views across the park toward the mountains. Conveniently located near baseball fields and Lollipop Lake, this property combines location, outdoor space and income potential in a configuration that is difficult to find. Two residences, a large lot, garage parking, existing rental income, park frontage and mountain views make 1040 S Kearney a truly unique opportunity.